Loggers Economic Assistance and Relief Act

This bill provides financial assistance to timber harvesting and hauling businesses that suffer significant revenue losses due to major disasters (including insect infestations). Eligible businesses must have experienced a 10% or greater drop in gross revenue during a specific 30-day period or quarter compared to the same period the previous year. The Secretary of Agriculture will pay 10% of the business's normal gross revenue for the affected period, restricted to operating expenses only. The program is funded with $50 million annually from 2025 through 2029 and requires annual reports detailing payments to recipients.